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Jul 23, 2011
07/11
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that's a big number for a state. you cut taxes. net cuts of 20 billion dollars total: the president will not deal with medicaid, medicare, social security reform. the bigger part of our budget. he just added a new entitlement, health care. they won't seem to touch it. rejected it and ridiculed paul ryan. >> paul ryan put together a plan scored by the congressional budget office that is detailed enough that people can critique it if, you will. the only person who has had the courage to step up and say what he would do. he gets an "a" just for effort. i think the result is, a very solid plan. because remember, what we're talking about is cutting the growth and spending. washington budget is not a kitchen table budget situation. we are talking about cutting four trillion or six trillion over 10 years sounds like a huge amount. it is cutting the growth. it is not cutting back on a situation that is at an all-time high. >> sean: do you think what we see happening in greece, spain, italy, portugal and europe, do you think that is going t
that's a big number for a state. you cut taxes. net cuts of 20 billion dollars total: the president will not deal with medicaid, medicare, social security reform. the bigger part of our budget. he just added a new entitlement, health care. they won't seem to touch it. rejected it and ridiculed paul ryan. >> paul ryan put together a plan scored by the congressional budget office that is detailed enough that people can critique it if, you will. the only person who has had the courage to...
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Jul 23, 2011
07/11
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but the people who own these dolls have been having a big fight in court. and now barbie has to pay bratz a lot of money. do you know how much? guess. >> $25,000. >> more. >> really? >> reporter: little girls don't think any less of her. >> 84 million's a drop in the bucket for barbie. >> reporter: they know there's only one barbie. >> now, crucial question. which one do you like best? >> barbie. >> you? >> barbie. >> unanimous. >> reporter: i'm david wright for "nightline" in los angeles. >> thanks to david. and thank you for watching abc news.
but the people who own these dolls have been having a big fight in court. and now barbie has to pay bratz a lot of money. do you know how much? guess. >> $25,000. >> more. >> really? >> reporter: little girls don't think any less of her. >> 84 million's a drop in the bucket for barbie. >> reporter: they know there's only one barbie. >> now, crucial question. which one do you like best? >> barbie. >> you? >> barbie. >> unanimous....
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Jul 24, 2011
07/11
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KNTV
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it wasn't that big of a deal. still, though, if we get to the point where we're actually missing payments, that would have a deleterious effect on the economy mainly because the government is about 20 to 25% of the overall gdp of the economy. >> let's talk about terms of what is going on in business right now. corporate earnings have been better than expected. how you navigating the earnings season and what does that mean for the stock market? >> the earnings couldn't have -- it can't be much better. you're looking, if you have seen google or apple or morgan stanley, it hasn't been uniform, but generally speaking the numbers have been fantastic. what is remarkable to us is this is the first time in period where we have seen corporate profits be so divorced from the employment picture. companies are making more and more money, yet they're not hiring more workers. and generally speaking, there is a very, very strong correlation between those two things. i think part of it is what has been said by steve wynn and larr
it wasn't that big of a deal. still, though, if we get to the point where we're actually missing payments, that would have a deleterious effect on the economy mainly because the government is about 20 to 25% of the overall gdp of the economy. >> let's talk about terms of what is going on in business right now. corporate earnings have been better than expected. how you navigating the earnings season and what does that mean for the stock market? >> the earnings couldn't have -- it...
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Jul 31, 2011
07/11
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this big ridge stays in place and the dry weather is going nowhere. heading up through the lakes, off towards the east. showers and thunderstorms through virginia and the carolinas. that will bring thorps with locally heavy rainfall and spotty showers here for the southern parts of missouri and parts of mississippi early on a sunday morning. a big area of high pressure in the east should keep most of us dry and showers pushing through western new york state for the most part that were dry as we go through the afternoon. sunshine and temperatures above average in the east. we will continue to see the numbers even down near d.c. at 96. further down towards the south, this is afternoon stuff. throw heat on the atmosphere to get us wet weather. showers and showers increase, but mainly dry and sticky in the southern plains. dallas with another 100 degree day. it will continue today, but on through most of the week and out across the midwest. the front coming through with a few showers in places like chicago. >> thanks for the comprehensive report. it was a
this big ridge stays in place and the dry weather is going nowhere. heading up through the lakes, off towards the east. showers and thunderstorms through virginia and the carolinas. that will bring thorps with locally heavy rainfall and spotty showers here for the southern parts of missouri and parts of mississippi early on a sunday morning. a big area of high pressure in the east should keep most of us dry and showers pushing through western new york state for the most part that were dry as we...
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Jul 19, 2011
07/11
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CNNW
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what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention for reason aide to the palestinians. you have to make the choices and cut it off right here. that's one way. suppose you decided instead we'll put a priority on the social safety net. under this scenario, interest gets paid, social security gets paid, medicare and medicaid and those nutrition services that got cut off last time, you could pay them. housing grants would go out. veterans affairs, unemployment, education and tuition assistance. but under this set of priorities your line is down here and then you're at or slightly above that $172 billion. you cover most of the social safety net here but defense vendors wouldn't get paid. active du
what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention for reason aide to the palestinians. you have to make...
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Jul 26, 2011
07/11
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>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been following it, where do the -- do both plans stand right now? you have harry reids and john boeh
>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real...
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Jul 31, 2011
07/11
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KPIX
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we need to have a competitive country and tax reform would be a big part of that. we also need to have entitlements still there for our children and our grandchildren, and at the rate they're going, bob, they're not going to be there. >> schieffer: i mean, obviously there are going to be some in the tea party, especially in the house, that are not going to go for what you have just talked about. i noticed this morning lindsey graham, senator graham of south carolina is saying he thinks the deal as he understands it now may be moving in the wrong direction. are you convinced you can sell enough republicans just in the senate on this to get it passed? >> well, i'm sure there will be both democrats and republicans who in the end find the agreement wanting in one way or another. but i believe there will be a strong bipartisan support for this. again, this deal has not been finalized yet, but i think we're very, very close to something that i could comfortably recommend to my members and i believe the democratic leadership will be doing the same. >> schieffer: do you th
we need to have a competitive country and tax reform would be a big part of that. we also need to have entitlements still there for our children and our grandchildren, and at the rate they're going, bob, they're not going to be there. >> schieffer: i mean, obviously there are going to be some in the tea party, especially in the house, that are not going to go for what you have just talked about. i noticed this morning lindsey graham, senator graham of south carolina is saying he thinks...
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Jul 22, 2011
07/11
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we are now beyond a big deal. you don't do a press conference like that if you think there is a shred of possibility can get done. you know what is fascinating, major meksed in the beginning when we were talking about middle class that president made up political ground. what i thought of when i watched the clip, real echos of al gore. people versus the powerful. that's about as close as barack obama is going to get to a pob umt we need to stand up for the middle class p.m. framing this as a debate between the powerful special interest and republicans not willing to get over. he didn't mention it by name but essentially did. while he is looking out for the middle class for the people who i would just remind folks, tend to decide elections pb plid el class. he is their champion. >> i still remember the fact that his op ad, this morning, the final line mate a plea. not only for rs or ds but to people of i. >>> here comes speaker john boehner right now wp we will listen and then analyze. >> good evening. want to be c
we are now beyond a big deal. you don't do a press conference like that if you think there is a shred of possibility can get done. you know what is fascinating, major meksed in the beginning when we were talking about middle class that president made up political ground. what i thought of when i watched the clip, real echos of al gore. people versus the powerful. that's about as close as barack obama is going to get to a pob umt we need to stand up for the middle class p.m. framing this as a...
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Jul 17, 2011
07/11
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these are all good things, but they don't get the big job done. the president said he is committed to a big deal, $4 trillion over ten years i am committed to it, harry reid is committed to it we need some bipartisan buy in here ai think we can do it. >> schieffer: let me ask you, senator durbin that begs the question you said you are going to spend this week debate ago balanced budget amendment that you say everyone knows has no chance of passing so why are you debating that. >> because the republicans are insisting the debate takes place before anything happens we lived in a divided congress, the house of republican is under republican control and the senate 53 democrats, a nominal majority but not the 60 you need for big decisions so we have to check the boxes. one of them is to engage in this debate. it is interesting to me if you look back in history,. bob, and you will remember this when we had the biggest run up in america's debt in president reagan that was the hottest debate about a balanced budget constitutional amendment we don't need a
these are all good things, but they don't get the big job done. the president said he is committed to a big deal, $4 trillion over ten years i am committed to it, harry reid is committed to it we need some bipartisan buy in here ai think we can do it. >> schieffer: let me ask you, senator durbin that begs the question you said you are going to spend this week debate ago balanced budget amendment that you say everyone knows has no chance of passing so why are you debating that. >>...
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Jul 26, 2011
07/11
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the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on leaders from both parties to negotiate and called on the american people to call their lawmakers to tell them to make a deal to come to a compromise. to avoid default in what he called a financial problem for the united states, a big problem. while we wait for the republican response from house speaker john boehner, let's go to chief white house correspondent ed henry. >> reporter: the contrast was striking. the president flat out saying the other guys are part of a three-ring circus i'm about common ground, balance, compromise. that's because as we noted before he is
the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on...
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Jul 24, 2011
07/11
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it's a big, big step forward for the senate. if that could be wrapped into a proposal that would provide the length of time to do it and do it carefully, i think you have an arrangement. but i think this business of -- you know, here you have two months of negotiation with the vice president, and the republican walked out. you had hours of negotiations with the president, and the republican walked out. they said no to simpson bowls, and they said no to the -- >> to be fair, there were parts of simpson bowls that democrats also said no to. we get down to that. because our time with you is short i want to move on a little about that let's say you are more or less optimistic that we will get the debt ceiling done and move on to a different subject? >> i am neither. this is the first time in 19 years that i feel that something that can be done simply is being held hostage for a very high stakes game. >> you have a new bill you call the respect for marriage act, which would undo the defensive marriage act which defines marriage betwe
it's a big, big step forward for the senate. if that could be wrapped into a proposal that would provide the length of time to do it and do it carefully, i think you have an arrangement. but i think this business of -- you know, here you have two months of negotiation with the vice president, and the republican walked out. you had hours of negotiations with the president, and the republican walked out. they said no to simpson bowls, and they said no to the -- >> to be fair, there were...
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Jul 23, 2011
07/11
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KGO
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. >> i heard a big boom. it was like arriving at a war scene in some kind of movie. fire, people in the street injured. >> reporter: the streets carpeted with broken glass, windows blown out. smoke rising from the center of town. >> you can a aually smell the burning from the blasts. >> it looks like a war zone. there was people running around with blood from their head. it was kind of panic. >> reporter: the sidewalks quickly became a makeshift emergency room. bystanders raced to help t t injured. horror in the face of those who witnessed the carnage. worst hit, a government building, home to the prime minister. luckily, he wasn't there. also damaged, the headquarters of a tabloid newspaper, as well as smaller buildings nearby. inside those buildings, the dead, and those too badly wounded to get out. rescue efforts lasted into the night while everyone else in oslo was warned to stay away from downtown. then, two hours later, on an island less than an hour south of the capital, a nightmare of a different kind. a man described as tall an blond who police have linked t
. >> i heard a big boom. it was like arriving at a war scene in some kind of movie. fire, people in the street injured. >> reporter: the streets carpeted with broken glass, windows blown out. smoke rising from the center of town. >> you can a aually smell the burning from the blasts. >> it looks like a war zone. there was people running around with blood from their head. it was kind of panic. >> reporter: the sidewalks quickly became a makeshift emergency room....
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Jul 24, 2011
07/11
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>> after six months conversations with the president about doing the big deal, and taking a big step in the right direction, it is pretty clear to me they are just not willing to do it and the next election matters more than what is right for the country. i am not worried about the next election. forget about the next election. if we do the right thing for the country, we'll not have to worry about who will get elected and who isn't. >> chris: speaker boehner, i want to thank you always coming in . we'll see how the world turns this week. >> we sure about well. >> chris: how the debt ceiling is playing out. what happens next. change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> i think o
>> after six months conversations with the president about doing the big deal, and taking a big step in the right direction, it is pretty clear to me they are just not willing to do it and the next election matters more than what is right for the country. i am not worried about the next election. forget about the next election. if we do the right thing for the country, we'll not have to worry about who will get elected and who isn't. >> chris: speaker boehner, i want to thank you...
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. >> reporter: let's not mix a lot of different things into one big pot. the poll you referred to was a poll that was done the day after dominique strauss-kahn's arrest. it was a poll that was faultily done. it was declared illegal and done as people were still trying to adjust and absorb the reality that one of the most powerful men in the world who could have been president could have committed such a crime as he was about to announce his nomination. so, i disregard the importance of that poll that said early on that a majority of the french thought that he might have been the victim of a plot. as for france having different sexual morays, seduction is not criminality, seduction is playful, should be enjoyable. committing a violent crime against a woman which was what was alleged to have happened is appalling for any french person. and so one has to make that distinction. what is the bridge between seduction and a violent crime is the potential abuse of power which is -- which is also something that is endemic in french life. >> you make a point that's w
. >> reporter: let's not mix a lot of different things into one big pot. the poll you referred to was a poll that was done the day after dominique strauss-kahn's arrest. it was a poll that was faultily done. it was declared illegal and done as people were still trying to adjust and absorb the reality that one of the most powerful men in the world who could have been president could have committed such a crime as he was about to announce his nomination. so, i disregard the importance of...
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Jul 17, 2011
07/11
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KGO
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you know these clothes are too big now,
you know these clothes are too big now,
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Jul 29, 2011
07/11
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MSNBCW
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clean is the best way to do this, the traditional way to do this, to where we are now, which is how big a deficit reduction package should accompany it? >> well, as i think the speaker of the house is discovering tonight and is the reality that we all live with here in washington, lawrence, which is that this is a divided government. a two-party system. nobody gets entirely what he or she wants. and, yes, if we had been doing this in the normal way, as has been historically done, there would have been a clean debt ceiling vote, which traditionally has been an unpleasant vote often for members of congress, but routine and noncontroversial and certainly not tied to any kind of deficit reduction package or any other measure for that matter. what happened is that the speaker of the house made clear that -- and republicans in general that they were linking the willingness to raise the debt ceiling to significant deficit reduction. as you know, for a long time, we rejected the link. but because we believe we need to reduce our deficits and get our debt under control. we also worked concurrent
clean is the best way to do this, the traditional way to do this, to where we are now, which is how big a deficit reduction package should accompany it? >> well, as i think the speaker of the house is discovering tonight and is the reality that we all live with here in washington, lawrence, which is that this is a divided government. a two-party system. nobody gets entirely what he or she wants. and, yes, if we had been doing this in the normal way, as has been historically done, there...
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Jul 27, 2011
07/11
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KGO
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so, the big remaining question? should the president be forced to commit to still more cuts before the presidential election? we gathered our powerhouse political team, abc's george stephanopoulos here in new york, jon karl and jake tapper in washington. and all three told me, they have never seen anything like this before. >> reporter: with just about a week to go, none of f e leaders, none of them, not the president, not the speaker of the house, not the democratic leader of the senate, know how this is going to turn out. right now, there are no votes to pass anything. >> so, you are saying that the white house has no idea -- >> reporter: how this is going to play out? >> no idea. >> reporter: no solid idea. absolutely not. >> they have a plan? >> reporter: none at all. like this in 20 years in this town where nobody knows how it's going to end. >> republicans get to have their fight next year, in any case, right? it's an election year. we can fight about taxes in this country during an election year. why make the
so, the big remaining question? should the president be forced to commit to still more cuts before the presidential election? we gathered our powerhouse political team, abc's george stephanopoulos here in new york, jon karl and jake tapper in washington. and all three told me, they have never seen anything like this before. >> reporter: with just about a week to go, none of f e leaders, none of them, not the president, not the speaker of the house, not the democratic leader of the senate,...
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Jul 21, 2011
07/11
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CNNW
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in other words, we know they're there are big problems. we have to suck it up. >> people are feeling helpless. >> why don't they get out and show a bit of passionate? >> we see it in madison,wisconsin. in indiana. it's beginning to surface but not much. part of it is because we've been dealing with a culture of greed is good. we've been dealing with a culture of don't attack what donald trump, don't tax our success. we've got the lowest tax rates in the last 30 years. trillions of dollars in tax havens offshore. offshore subsidiaries, come racials. one out of corporations didn't pay a penny of taxes whatsoever. >> let me be the devil's advocate here. >> sure. >> is it really the big problem that rich aren't paying enough tax, or is the real problem that poor are not being looked after properly? >> it goes hand in hand. it goes hand in hand. >> donald trump has a point. there are people self-made in this country who have worked incredibly hard to get where they are. why should they have to pay exorbitant taxation? >> it's not exorbitant tax
in other words, we know they're there are big problems. we have to suck it up. >> people are feeling helpless. >> why don't they get out and show a bit of passionate? >> we see it in madison,wisconsin. in indiana. it's beginning to surface but not much. part of it is because we've been dealing with a culture of greed is good. we've been dealing with a culture of don't attack what donald trump, don't tax our success. we've got the lowest tax rates in the last 30 years....
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Jul 17, 2011
07/11
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congressman jordan, you are a big sponsor of this. president obama says it would cut medicare and social security much more deeply than paul ryan's budget plan. >> it mirrors the budget proposal that house passed earlier this year. we like to do it as a common sense american plan. americans know we're spend toog much, we're headed for a cliff, we're headed for bankruptcy. let's cut spending in year one, cap it as a percentage of our economy going forward. everyone understands our government is getting too big. do something historic. for the first time in american history, pass a balanced budget amendment through the house and the senate, send it to the states. have this requirement that everyone else has to live under, make the federal government either has a $14 trillion debt, let's make up with the same requirement everyone else has to abide by. >> chris: since sensible. congressman van hollen, what is wrong with cut, cap and balance and what are the chances it will get through the house, senate and signed by the president? >> no on
congressman jordan, you are a big sponsor of this. president obama says it would cut medicare and social security much more deeply than paul ryan's budget plan. >> it mirrors the budget proposal that house passed earlier this year. we like to do it as a common sense american plan. americans know we're spend toog much, we're headed for a cliff, we're headed for bankruptcy. let's cut spending in year one, cap it as a percentage of our economy going forward. everyone understands our...
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Jul 26, 2011
07/11
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MSNBCW
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too big to fail. a look at the federal government that way some day. >>> and the criticism of president obama by boehner, may sounded like they took every jab at republicans and turned it back at him. not very original, but it's part of the rhythm of what we're into right now. that's in the "sideshow." you're watching "hardball" only on msnbc. >>> back to "hardball." now for the "sideshow" tonight. as the debt ceiling debate continues to consume both congress and the white house you may have noticed something about the republican rhetoric. their accusations against president obama sound remarkably similar to what the president himself said angrily about the republicans. here's president obama last week on the gop's complete unwillingness to budge during negotiations. >> i think that, you know, one of the questions that the republican party's going have to have itself is, can they say yes to anything? >> and here's speaker boehner last night. >> unfortunately the president would not take yes for an ans
too big to fail. a look at the federal government that way some day. >>> and the criticism of president obama by boehner, may sounded like they took every jab at republicans and turned it back at him. not very original, but it's part of the rhythm of what we're into right now. that's in the "sideshow." you're watching "hardball" only on msnbc. >>> back to "hardball." now for the "sideshow" tonight. as the debt ceiling debate continues to...
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Jul 30, 2011
07/11
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FOXNEWSW
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double them by 2025. >> it's a big deal. >> laura: it's a big deal. it seems a bit odd given the severity of what's happening to our economy. .4% growth. a downgrade for the first quarter of this year. these numbers are abysmal. the economy has stopped growing, period it's over. >> no doubt about it the bottom line is they believe in the long term it's going to save a lot of oil and cut off our dependents of foreign oil big picture. short-term, you have to wonder, in order to get these vehicles much more efficient that rapidly the big three in detroit already stressed are going to have more economic stress. and so that is an issue. i think the other thing to watch moving forward while senator mcconnell was beating up on the white house today. the white house is looking ahead how they can get a deal this weekend. when you are talking about players with bret, others to watch are some of the younger members who don't have a lot of experience but have key votes in the senate floor. someone like scott brown of mass has who today said he could support the r
double them by 2025. >> it's a big deal. >> laura: it's a big deal. it seems a bit odd given the severity of what's happening to our economy. .4% growth. a downgrade for the first quarter of this year. these numbers are abysmal. the economy has stopped growing, period it's over. >> no doubt about it the bottom line is they believe in the long term it's going to save a lot of oil and cut off our dependents of foreign oil big picture. short-term, you have to wonder, in order to...
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630
Jul 25, 2011
07/11
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KGO
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. challenge that with olay regenerist night elixir. its gentle glycolic formula resurfaces at night for the smooth skin of a light chemical peel. sleep tight. regenerist, from olay. so i take one a day men's 50+ advantage. as a manager, my team counts on me to stay focused. it's the only complete multivitamin with ginkgo to support memory and concentration. plus it supports heart health. [ bat cracks ] that's a hit. one a day men's. >>> and finally tonight here, from martha's vineyard in massachusetts, where the famous movie "jaws was shot," this 538-pound shark was hauled in from the atlantic waters this weekend. the giant fish was landed as part of the monster shark tournament, living up to its name. and the movie "jaws" caused that panic at the beach and made sharks one of the most feared creatures on the planet. but it turns out, even the sharks could use a little love. abc's nick watt learned that right off the waters of south africa. >
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. challenge that with olay regenerist night elixir. its gentle glycolic formula resurfaces at night for the smooth skin of a light chemical peel. sleep tight. regenerist, from olay. so i take one a day men's 50+ advantage. as a manager, my team counts on me to stay focused. it's the only complete multivitamin with ginkgo to support memory and concentration. plus it...
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Jul 16, 2011
07/11
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. >> reporter: the presidentnt continued to push for a big, painful deficit reduction package. >> we have a unique opportunity to do something big. >> reporter: and for the first time publicly, he detailed a specific, possible cut to a popular entitlement program. can you tell us one structural reform that you are willing to make to one of these entitlement programs that would have a major impact on the deficit? >> i've said that means testing on medicare. meaning, people like myself, you can envision a situation where, for somebody in my position, me having to pay a little bit more on premiums or copays or things like that would be appropriate. and again, that could make a difference. >> reporter: even with the suggestion, negotiations are at an impasse. house republicans are refusing to increase any taxes and insist the president is not serious about cuts. >> we asked the president to lead. we asked him to put forward a plan, not a speech, a real plan. and he hasn't. we will. >> reporter: the race is on to figure out a way to raise the debt ceiling without an agreement to reduce th
. >> reporter: the presidentnt continued to push for a big, painful deficit reduction package. >> we have a unique opportunity to do something big. >> reporter: and for the first time publicly, he detailed a specific, possible cut to a popular entitlement program. can you tell us one structural reform that you are willing to make to one of these entitlement programs that would have a major impact on the deficit? >> i've said that means testing on medicare. meaning,...
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Jul 15, 2011
07/11
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CNNW
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it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put it on the table. so there are people in both parties who are playing games with. this i just think it's a shame that a deal that would have both raised revenue, to the tax rates, and reformed entitlements and cut spending has been on the table in washington, d.c. for six months and it hasn't gotten done. >> well, i don't know of a single democrat that said that that is no big deal if we don't raise the debt -- >> nancy pelosi and others said you can't touch entitlements. >> i don't know of a single democrat that said it's not a big deal i
it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put...
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Jul 2, 2011
07/11
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i get very nervous especially with the big one, the big performances. >> we couldn't be happier for you, jackie. it's an amazing thing. you've got a voice of an angel as we said in the show. and i'm very excited now because you're going to sing. david's going to play the piano. these are going to be tracks from your new album, is that right? >> ychlt. >> good luck. keep going. the better you get the better you make me look as a judge. lovely to see you, jackie. hey! you want that? you want a warm, super-delicious strawberry toaster strudel yeah but now i have nothing to eat sure you do. hey! you can have the pop tart! pillsbury toaster strudel. the one kids want to eat >>> right now a special performance for this show. jackie evancho and david foster. jackie, what are you going to sing for me? >> i'm going to be singing a song called "angel". >> what else? a little angel singing "angel." ♪ spend all your time waiting for that second chance for a break that would make it okay ♪ ♪ there's always a reason to feel not good enough and it's hard at the end of the day ♪ ♪ i need some
i get very nervous especially with the big one, the big performances. >> we couldn't be happier for you, jackie. it's an amazing thing. you've got a voice of an angel as we said in the show. and i'm very excited now because you're going to sing. david's going to play the piano. these are going to be tracks from your new album, is that right? >> ychlt. >> good luck. keep going. the better you get the better you make me look as a judge. lovely to see you, jackie. hey! you want...
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Jul 24, 2011
07/11
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a big day around new york and around the nation. same-sex marriage in new york came back a long battle in the state legislature. the speaker fought to get it passed. this morning i asked one of the most prominently gay officials about this day. >> it's the place where the lgbt civil rights movement was really born, and to have this state -- i don't meant to soupd so arrogant, but to have the center of the world do this, all eyes are on it. it will help propel this movement forward faster than any of the other states have. >> as we mentioned, come you go up at the bottom of the hour, those marriage ceremonies are set to start at the manhattan city clerk's office. this is a history-making day. new york, the state, the largest state in the union to approve same-sex marriages, and those marriages start today at the bottom of the hour. our coverage will continue. >>> i want to turn to norway where the healing is under way after friday's massacre. a memorial service just wrapped up in the capital of oslo. the death toll now at 93. police
a big day around new york and around the nation. same-sex marriage in new york came back a long battle in the state legislature. the speaker fought to get it passed. this morning i asked one of the most prominently gay officials about this day. >> it's the place where the lgbt civil rights movement was really born, and to have this state -- i don't meant to soupd so arrogant, but to have the center of the world do this, all eyes are on it. it will help propel this movement forward faster...
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Jul 3, 2011
07/11
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KPIX
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so the big issue going forward facing the united states is not only that we're similar in terms of our numbers but the bigger issue is we're interconnected. united states is a much bigger player on the world stage than greece. >> mitchell: in the middle of this kay chaos how do you explain it. >> putting these issues on the back burner and inon said it focused on manufacturing, a huge driver of growth and this week we got some strong data on it. >> mitchell: rebecca jarvis. thanks very much. it's rough being a teenager looking for a job. the numbers show 24% of 16-19 year olds are unemployed. their main competition, older workers who at these times are after the same jobs. we take a look at what's happening to all those teens who want to find work. >> reporter: 17 year old alex rodriguez thrives on competition. but not the type he's seeing in the job market. >> it applies to every store. i've called them, i've had my mom call them. i've had my teachers here have been helping me. >> reporter: does it get disheartening to keep searching. >> it does get difficult. because you can awe meye
so the big issue going forward facing the united states is not only that we're similar in terms of our numbers but the bigger issue is we're interconnected. united states is a much bigger player on the world stage than greece. >> mitchell: in the middle of this kay chaos how do you explain it. >> putting these issues on the back burner and inon said it focused on manufacturing, a huge driver of growth and this week we got some strong data on it. >> mitchell: rebecca jarvis....
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Jul 31, 2011
07/11
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now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this morning. what is your reaction to what you are hearing from mitch mcconnell and senator schumer? >> great news. sounds like we will avoid a crisis. $3 trillion in deficit reduction over the next ten years is more than what i would have expected. if they follow-through on that it's great news. it gets us close to the fiscal responsibility, and that's what we need to get to to restore stau stainability in the fiscal responsibility. if they pull it off i think we will be in good shape. >> how do you think the markets will react? >> very positively. i think the markets expect they will get som
now the big guy comes up to bat, hitting .342 with 92 rbis and 36 homers. [fans whirring] [ding] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back to "state of the union." i am gloria borger. candy crowley is off today. and joining me from south dakota, mr. san de, i have to ask you off the bat. you have been listening out there this...
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Jul 23, 2011
07/11
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scientists are betting big on the next rover when the "cbs evening news continues." rover when the cbs news continues. but with advair, i'm breathing better so now i can take the lead on a science adventure. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator, working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, take the lead. ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. with listerine® whitening plus restoring rinse. it's the only listerine® that gets
scientists are betting big on the next rover when the "cbs evening news continues." rover when the cbs news continues. but with advair, i'm breathing better so now i can take the lead on a science adventure. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator, working together to help improve your lung function all day. advair won't replace fast-acting inhalers...
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Jul 23, 2011
07/11
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wendy's own romantic past raised some eyebrows including a former marriage and then big reports of wendy's sometimes strained relationship with murdoch's other children. but as the pie man found, nothing comes between the slapdown sister and her mister. stan grant, cnn, beijing. >> and that is it for "in the arena." we'll be back next week. pierce morgan is ahead. but first -- we're following up on important breaking news tonight. a 32-year-old norwegian man is in custody after today's deadly twin attacks in norway. the death toll is now 17. seven were killed in oslo where a bomb blasted through the center. outside the capital, a gunman opened fire on a political meeting of young people killing ten there. the attacks with definitely linked. 90 people are hospitalized with injuries in oslo. no word yet on a motive for the attacks. and the other huge story in washington, debt talks and broken down. late this afternoon house speaker john boehner walked out of negotiations with president obama saying the two could not connect because of their difference visions for country. president obama was
wendy's own romantic past raised some eyebrows including a former marriage and then big reports of wendy's sometimes strained relationship with murdoch's other children. but as the pie man found, nothing comes between the slapdown sister and her mister. stan grant, cnn, beijing. >> and that is it for "in the arena." we'll be back next week. pierce morgan is ahead. but first -- we're following up on important breaking news tonight. a 32-year-old norwegian man is in custody after...
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Jul 24, 2011
07/11
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. >> reporter: and big-money negotiations. his bosses are big fans. >> he's so good that i find it very difficult to get him to work for some of my assignments because he's so much in demand. >> mitchell: exactly what you'd expect, accep except-- tha whole other david kelly. long before he was david kelly esquire, he was capital-d., m.c. rap is your night job. >> right. >> mitchell: lawyer, rapper. >> right. >> mitchell: it doesn't add up, right, most people are going to tell that you? >> right ♪ all i want is all i need is all i am because it's all in me ♪ . >> mitchell: he's made 8 albums. his latest "polymath" came out late last year to critical acclaim but little fan fair. music critic greg kot just can't understand. >> i think he's incredibly underrated. as they say in the hip-hop world he's been slapped up. people do not know this guy exists and it's a crime. >> no gimmick, no look no image, no hook. >> mitchell: he sees the similarities, not the differences, in law and music. >> my love for hip-hop is because i love
. >> reporter: and big-money negotiations. his bosses are big fans. >> he's so good that i find it very difficult to get him to work for some of my assignments because he's so much in demand. >> mitchell: exactly what you'd expect, accep except-- tha whole other david kelly. long before he was david kelly esquire, he was capital-d., m.c. rap is your night job. >> right. >> mitchell: lawyer, rapper. >> right. >> mitchell: it doesn't add up, right, most...
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Jul 20, 2011
07/11
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does it make a big difference? was there a little bit of sympathy, you think, that people felt as a result? >> whatever sympathy there was, listen to those answers again that you played, sanjay. and you'll see that yes, that might have been his general demeanor. very long pauses before answers. but when those answers came, they were clear, they were definitive. no, i don't take ultimate responsibility. i didn't do this. i was misled and betrayed. and the feeling generally from what i've read in the comment and the analysis is that whatever he may have on the surface looked like, here was rupert murdoch doing what he had to do, doing it honestly and sincerely about the million dollar hacking of the dead girl's phone. but obviously with a wider agenda. >> so jeff, i mean, so he apologized. he said he was humbled. but he did not take responsibility. what do you make of that, jeff toobin? >> i think his problem is not really legal at this point. it's a business problem. he has to figure out a way to keep control for hi
does it make a big difference? was there a little bit of sympathy, you think, that people felt as a result? >> whatever sympathy there was, listen to those answers again that you played, sanjay. and you'll see that yes, that might have been his general demeanor. very long pauses before answers. but when those answers came, they were clear, they were definitive. no, i don't take ultimate responsibility. i didn't do this. i was misled and betrayed. and the feeling generally from what i've...
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Jul 19, 2011
07/11
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he wants the big deal. the speaker wants the big deal and tea party republican, holding it up. you're right president clinton thrown the outlet pass because barack obama can in the interests of avoiding the debt collapse and the calamity that could befall after the 3rd of august -- >> non-partisan. better for the president if this thing comes to hell in early august, the house leaders saying no deal unless you give us a two-thirds balanced budget deal we're not going with you. what's the president supposed to do with that bill when he's up against a hard place? >> if the question is better politically for the president to send out letters that say, we're sorry we can't pay your social security? yeah, that's going to aggregate better for the president. i don't think that it's going to -- certainly hope it does not come to that, not just as a partisan but as an american. >> let me ask you what would you do if you were the house leader and wanted to end this? the old deal was, if you had the hot hand and republicans spending, you guy, ahead in spending. most say you're the party o
he wants the big deal. the speaker wants the big deal and tea party republican, holding it up. you're right president clinton thrown the outlet pass because barack obama can in the interests of avoiding the debt collapse and the calamity that could befall after the 3rd of august -- >> non-partisan. better for the president if this thing comes to hell in early august, the house leaders saying no deal unless you give us a two-thirds balanced budget deal we're not going with you. what's the...
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Jul 12, 2011
07/11
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our country is not succeeding because our military is too big. people call it the military and then it's hands off. it's not military. it's defense contractors. most of our weaponry is ridiculous. it's not -- it's for fighting the russians in 1978. we don't need that. what would make this country stronger is economics. that's where the future is. that's what makes a country strong. if you're not strong economically you are not -- >> piers: that's where america is increasingly weak. >> this is one reason. we could solve this debt deficit problem if we would do two simple things. tax the rich like they used to be taxed. not a hell of a lot more, just like they were under clinton and bring the troops home. not just from iraq and afghanistan, but we have half a million troops in bases across the world. >> piers: how many do the chinese have? >> none. they don't have troops. because they know this is not the way you achieve agemny in this world. >> piers: i did a documentary in shanghai recently. fascinating time to be out there. this dynamism that yo
our country is not succeeding because our military is too big. people call it the military and then it's hands off. it's not military. it's defense contractors. most of our weaponry is ridiculous. it's not -- it's for fighting the russians in 1978. we don't need that. what would make this country stronger is economics. that's where the future is. that's what makes a country strong. if you're not strong economically you are not -- >> piers: that's where america is increasingly weak....
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Jul 31, 2011
07/11
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one of the big victories that the g.o.p. won through this is to completely move the debate in the direction of spending cuts. they're still at risk of snapping defeat from the jaws of victory overplaying their hand and insisting on their way or the highway. the difference i think is the hit that the g.o.p. is taking from this, as your polls have shown, is probably more transtory. obama has still got to run on the national economic situation in 2012. he can't escape that. for him it's not debt number, it's the unemployment number. that is the risk. his loss is shallower than the g.o.p.s but they're longer lasting. >> bret: steve? >> he got an argument. one thing that the white house wanted out of the debate is the republicans are really putting the economy at risk. you are seeing this, you saw it in gene sperling this morning. this is becoming the main democratic talking point. they are trying to get republicans to own part of the economic difficulty we're in. i don't think it will ultimately succeed. but for the first time i
one of the big victories that the g.o.p. won through this is to completely move the debate in the direction of spending cuts. they're still at risk of snapping defeat from the jaws of victory overplaying their hand and insisting on their way or the highway. the difference i think is the hit that the g.o.p. is taking from this, as your polls have shown, is probably more transtory. obama has still got to run on the national economic situation in 2012. he can't escape that. for him it's not debt...
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Jul 27, 2011
07/11
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really doesn't matter if we don't raise the debt ceiling, we can get through default, it won't be a big deal. now, john boehner doesn't believe that, mitch mcconnell doesn't believe that, but boehnor seems unable to move toward any kind of agreement, partly because he's worried about his own fate in this caucus or he's worried that if he puts together a deal that is supported by too many democrats and not enough republicans, he's also threatened. so i think it's that internal politics in the republican caucus that's blocking this. i think what might happen is that mitch mcconnell may decide to let harry reid pass his plan without threatening a filibuster. now, if he did that, the democrats could get it through with a majority. that's how most democracies do things, but not our senate, and that may set up grounds for a solution. that's about the only thing i could see right now that might begin to get us out of this or at least begin real negotiations again. >> so, speaking of that, of the idea there is, in fact, a majority rule, and that there's so much politics going on here, look, we
really doesn't matter if we don't raise the debt ceiling, we can get through default, it won't be a big deal. now, john boehner doesn't believe that, mitch mcconnell doesn't believe that, but boehnor seems unable to move toward any kind of agreement, partly because he's worried about his own fate in this caucus or he's worried that if he puts together a deal that is supported by too many democrats and not enough republicans, he's also threatened. so i think it's that internal politics in the...
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Jul 31, 2011
07/11
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. >>> and check out this big thank you. an amazing moment off the coast. how a humpback whale, whose life was saved by a group of researchers, repaid the favor. >>> good evening. i'm dan harris. david muir is on assignment tonight in africa. we'll go to him in just a moment. but we want to start in washington, where tonight, we're seeing something highly unusual. hope. there was a real change of tone today in the debt debate. now, we should say, the hope now, we should say, the hope we're seeing tonight is still very tentative and very fragile. but with the clock ticking down, and there it is, three days left. some of the major players in this game are starting to sound like they might finally be getting down to business to break the impasse. abc's senior political correspondent, jon karl, has been on this story every step of the way. and he leads us off, once again, tonight. jon, good evening to you. >> reporter: good evening, dan. well, the house and the senate have spent the last 24 hours on a series of showboats on bills that have no chance of passing.
. >>> and check out this big thank you. an amazing moment off the coast. how a humpback whale, whose life was saved by a group of researchers, repaid the favor. >>> good evening. i'm dan harris. david muir is on assignment tonight in africa. we'll go to him in just a moment. but we want to start in washington, where tonight, we're seeing something highly unusual. hope. there was a real change of tone today in the debt debate. now, we should say, the hope now, we should say,...
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Jul 29, 2011
07/11
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>> well, this has become a very big subject in the law professor world. the 14th amendment is one of the most familiar parts of the constitution, guarantees due process of law, equal protection of the law. but there is frankly a provision in section 4 that i have never paid any attention to before. and it goes like this. section 4 of the 14th amendment said "the validity of the public debt of the united states shall not be questioned". now, i don't know exactly what that means. i don't think anybody knows precisely what that means. but it has been suggested that under that provision, president obama could simply order that the debt be paid and that this crisis be forestalled. he has mostly reject that option, but as far as i've read their statements, they have not completely rejected that option. obama has always said, look, i think this should be dealt with by congress, not by unilaterally under the 14th amendment. but under my reading of their statements, they haven't completely ruled out in a total crisis situation invoking the section of the amendment
>> well, this has become a very big subject in the law professor world. the 14th amendment is one of the most familiar parts of the constitution, guarantees due process of law, equal protection of the law. but there is frankly a provision in section 4 that i have never paid any attention to before. and it goes like this. section 4 of the 14th amendment said "the validity of the public debt of the united states shall not be questioned". now, i don't know exactly what that means....
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Jul 2, 2011
07/11
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WMAR
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. >> reporter: hot, dry conditions have led to a ban on fireworks for big shows, in places like arizona, alabama, florida and texas, where nearly every county has said no to fireworks. >> i love fireworks. it's kind of like -- it ruined my july 4th. >> reporter: no fireworks in austin. so, the concert has been canceled. >> it's disappointing for people here. >> reporter: disappointing for the people who make and sell fireworks. >> this has to be one of the most stringent and devastating for the country. and also for the firework city as a whole. >> reporter: amarillo, texas, has come up with a solution for no fireworks. it's contracted for a laser show. but the show will go on in washington. more than 500,000 people gathering for one of the biggest spectacles in the country. all kicked off with a parade, that's been organized for the last 17 years by pat wilberton. every year you put this parade together, what does it mean to you? >> every year, we sing "god bless america," and i get chills. and the little children wave their flags. it's america. >> reporter: this is one of the biggest
. >> reporter: hot, dry conditions have led to a ban on fireworks for big shows, in places like arizona, alabama, florida and texas, where nearly every county has said no to fireworks. >> i love fireworks. it's kind of like -- it ruined my july 4th. >> reporter: no fireworks in austin. so, the concert has been canceled. >> it's disappointing for people here. >> reporter: disappointing for the people who make and sell fireworks. >> this has to be one of the...
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Jul 21, 2011
07/11
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if you put all that together, that's a big deal. and it's a deal that's been around in washington at least since the deficit and debt commission. and i think would get broad bipartisan support. and so everyone has been pushing up against this deadline which we also knew was coming for a long time. >> right. >> to see how the politics is going to turn out. >> but again, carly, just to be clear without generating any new revenue can you adequately address this problem despite all the things you just said? >> oh, i think revenue razors, in my opinion, are fine. that's different than raising tax rates. and i think what we need to do is lower tax rates and close loopholes, and that raises revenue. and i think there's broad support for that. >> john corzine, on the other hand we're still recovering from a major recession which is i think what's captured so many people's attention. republicans say now is not the time to take any money out of the pockets of, as you heard, job creators. >> do they have a point? >> let me start with, almost e
if you put all that together, that's a big deal. and it's a deal that's been around in washington at least since the deficit and debt commission. and i think would get broad bipartisan support. and so everyone has been pushing up against this deadline which we also knew was coming for a long time. >> right. >> to see how the politics is going to turn out. >> but again, carly, just to be clear without generating any new revenue can you adequately address this problem despite...
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Jul 19, 2011
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. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john
. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah...
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Jul 4, 2011
07/11
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changes and big cuts in public services. candace gib son has the story as to what it could mean to the state's pocketbook and way of life for many californians. >> geting tired. >> reporter: for the fassetts the fourth of july week send to the about fireworks. >> it was very hairy. >> reporter: it's about family and the great outdoors. >> wow!, look at that. >> reporter: for the past decade brian, julianne and their kids have been coming to mcgrath state beach, a state park north of los angeles but this may be their last independence holiday here. the park is slated to close in september. >> do you feel like you're kind of losing a family member. >> we do. this is our favorite spot. >> i feel safe here. it's really great for families. amid the pristine beauty of california's state parks, there is an ugly reality, finances. they've seen their budgets cut by 43% since 2006. and now cash 12r57ed california is shutting down -- 70 of its 278 state parks to save money. the closures are first for california. and another devastating
changes and big cuts in public services. candace gib son has the story as to what it could mean to the state's pocketbook and way of life for many californians. >> geting tired. >> reporter: for the fassetts the fourth of july week send to the about fireworks. >> it was very hairy. >> reporter: it's about family and the great outdoors. >> wow!, look at that. >> reporter: for the past decade brian, julianne and their kids have been coming to mcgrath state...
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Jul 28, 2011
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three, and also a chip away at big spending numbers. why would they miss this opportunity? >> you know, i'm not opposed to ideology, i believe it's about principles. this party is astonishingly wreckless and astonishingly in the grip of what a wall street guy called grover nor quist a fiscal terrorist. you have people who are unwilling to think about what it takes to run a country. and we are now looking at a major struggle in this country that's going to play out over the next few years. the size and scale of government and what it means for people who depefd on services on programs that have been part of the fabric of this life as these people try to roll back the 20th -- >> you've been around this racquet a long time, politics. we have some big stories brewing, we have this story, wisconsin. >> yeah. >> i mean, i think they're connected. >> there's a connection. >> there is a huge connection. you have the people rising up and pushing back, a -- and a sea of change taking place. that's where america's talking right now? >> what's goi
three, and also a chip away at big spending numbers. why would they miss this opportunity? >> you know, i'm not opposed to ideology, i believe it's about principles. this party is astonishingly wreckless and astonishingly in the grip of what a wall street guy called grover nor quist a fiscal terrorist. you have people who are unwilling to think about what it takes to run a country. and we are now looking at a major struggle in this country that's going to play out over the next few years....
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Jul 25, 2011
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but there's a big problem. neither of those plans may be able to get through congress and the clock is ticking. cnn congressional correspondent kate boulwan joins us now. let's start in the house where speaker john boehner has laid out his version of the republican solution. spell it out for us. >> reporter: a lot of details to it, jessica, but what it really comes down to is the length of the increase, if you will. house speaker john boehner is calling for two votes in order to raise the debt ceiling. first, a vote that would come with $1.2 trillion in spending cuts to get the country through early next year and another vote would be required that would get the to 2013. but only if, and this is the important part, if congress would approve the spending cuts attached to that, or the deficit reduction measures attached to that that would come from a newly created committee, and that of course is the big hangup with democrats. they are very much opposed to having to vote for a second time to raise the debt ceilin
but there's a big problem. neither of those plans may be able to get through congress and the clock is ticking. cnn congressional correspondent kate boulwan joins us now. let's start in the house where speaker john boehner has laid out his version of the republican solution. spell it out for us. >> reporter: a lot of details to it, jessica, but what it really comes down to is the length of the increase, if you will. house speaker john boehner is calling for two votes in order to raise the...
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Jul 30, 2011
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"joe walsh hasn't been a big time wage earner politician until recently. he's had no more problems with child support than any other average guy." sounds like walsh's lawyer is a specialist in deadbeat dads. joe walsh's lawyer, the champion of average guys and deadbeat dads everywhere, cannot explain why the supposedly financially struggling joe walsh was able to loan his 2010 congressional campaign $35,000. nor can joe walsh's deadbeat dad lawyer explain how joe walsh got his hands on $35,000 to loan his campaign $35,000, nor can joe walsh's deadbeat dad lawyer explain why joe walsh's campaign fund has paid him back at least $14,000 for the loan while joe walsh hasn't paid the several years of child support he owes the mother of his first three children. nor can joe walsh's deadbeat dad lawyer explain how the impoverished joe walsh was able to take vacations with his girlfriend in 2004 to mexico and italy while refusing to pay child support. in a court filing in december of last year, laura walsh's attorneys wrote, "the apparent availability of large sums
"joe walsh hasn't been a big time wage earner politician until recently. he's had no more problems with child support than any other average guy." sounds like walsh's lawyer is a specialist in deadbeat dads. joe walsh's lawyer, the champion of average guys and deadbeat dads everywhere, cannot explain why the supposedly financially struggling joe walsh was able to loan his 2010 congressional campaign $35,000. nor can joe walsh's deadbeat dad lawyer explain how joe walsh got his hands...